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7. a)There is a municipal bond in which we are interested in investing. How much should it pay to be competitive with a corporate bond

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7. a)There is a municipal bond in which we are interested in investing. How much should it pay to be competitive with a corporate bond paying 5%? b) If a corporation invests in preferred stock paying .10 and it has a tax rate of .4, what is the effective rate of return it makes

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